BNY Mellon Floating Rate Income Y (DFLYX)

Fund Assets	524.16M
Expense Ratio	0.725%
Min. Investment	$1,000,000
Turnover	133.40%
Dividend (ttm)	0.79
Dividend Yield	7.46%
Dividend Growth	-5.84%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 1, 2026

Previous Close	10.59
YTD Return	2.90%
1-Year Return	3.98%
5-Year Return	33.44%
52-Week Low	10.56
52-Week High	11.03
Beta (5Y)	0.35
Holdings	281
Inception Date	Sep 27, 2013

About DFLYX

The BNY Mellon Floating Rate Income Fund Class Y is a mutual fund specializing in generating high current income through investments primarily in senior secured floating rate loans and other floating rate securities. These instruments typically feature interest payments linked to short-term benchmarks such as LIBOR or SOFR, resulting in a floating income profile that provides some protection against rising interest rates. The fund predominantly invests in loans and securities from U.S. issuers but may allocate up to 30% of its assets to foreign issuers, mainly within OECD countries. Its holdings are concentrated in the bank loan sector, targeting loans backed by specific collateral and senior in capital structure, meaning they have priority in repayment over most other types of debt and equity if the borrower defaults. Characterized by a low effective duration, the fund is less sensitive to interest rate fluctuations, and its average effective maturity reflects a proactive approach to managing call and credit risks. The Class Y shares are institutional in nature, typically featuring lower expense ratios and reduced distribution fees compared to retail classes, and require a significant minimum investment. By focusing on floating rate income, the fund provides an option for investors seeking to enhance income and limit interest rate risk, while also introducing considerations around credit quality and liquidity associated with bank loans.

• Fund Family: BNY Mellon
• Category: Loan Participation
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DFLYX
• Share Class: Class Y
• Index: Index is not available on Lipper Database

Performance

DFLYX had a total return of 3.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.28%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DFLIX	Class I	0.78%
DFLAX	Class A	1.03%
DFLCX	Class C	1.78%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 1, 2026	$0.060	Oct 1, 2026
Sep 1, 2026	$0.060	Sep 1, 2026
Aug 3, 2026	$0.060	Aug 3, 2026
Jul 1, 2026	$0.054	Jul 1, 2026
Jun 1, 2026	$0.054	Jun 1, 2026
May 1, 2026	$0.055	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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